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LIBYA OIL PRODUCTION
Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...- Iran conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...
- Donald Trump shrugs off Hormuz amid shifting oil order, but US can’t 'strait' up ignore itDonald Trump on strait of Hormuz: America's oil exports are surging, filling global supply gaps. The US now produces more oil than it impor...
- Oil edges up on Middle East conflict but supply outlook limits gainsOil prices rose marginally on Friday amid the Middle East conflict, with Brent crude reaching $77.71 and WTI at $73.79, both showing weekly...
- Oil prices fall as weak demand overshadows Libya blockadeBrent oil prices dropped in Asian trade on Tuesday as concerns about weakened demand in China outweighed the effects of a blockade on Libya...
- Oil up 3% on Libya halt, Mideast escalation fearsOil prices rose around 3% on Monday on reports of a near total production stoppage in Libya, adding to earlier gains on concerns that escal...
- Libya's rivals urge Security Council to back ceasefire deal inked in Geneva last monthThe agreement also called for ``military deals on training inside Libya'' to be frozen and for foreign trainees to leave the country. It di...
- Oil declines as US, Libya pump into oversupplied global marketUS drillers increased the rig count by six to 747 last week, the highest level since April 2015.
- Five countries that can destroy Opec's game planThe appointment of Rex Tillerson as secretary of State and the various insinuations by the US President-elect to lift sanctions could be sy...
- 22 Libya soldiers slain after speedboat attack on oil portsThe militiamen belonging to the Fajr Libya, or Libya Dawn, launched the attack on Al-Sidra port by firing rockets from speedboats.
- Crude oil prices may remain below $100/barrel in 2012: ReportCrude oil prices are expected to remain below $100 a barrel in 2012 due to slowing global demand amid an expected higher supplies.
- We are pumping more than a million barrels of oil a day, says LibyaLibya is now pumping "more than a million" barrels a day as the oil industry recovers from months of armed conflict, the chairman of its st...
- OPEC crude oil output drops to 30 mbpd in SeptemberOrganisation of Petroleum Exporting Countries (OPEC) oil production declined by 130,000 barrels per day (bpd) to 30 million bpd in Septembe...
- Libyan chaos stirs global panic over oil suppliesThe chaos in Libya as it descends into virtual civil war has sent international oil prices skyrocketing despite a pledge from Saudi Arabia,...
- ONGC, OIL evacuating staff out of strife-torn LibyaOIL had, some weeks back, applied to Libyan authorities for relinquishing the two onshore blocks - Block 86 and Block 102(4) in oil-prolifi...
- Oil soars close to $120 on Libya fearsLibya has Africa's largest oil reserves, is the continent's fourth largest producer and is a member of OPEC, the cartel that produces about...
- Oil India- IOC team up with Sonatrach to acquire 4 Libyan blocksOil India Limited, an Oil PSU, has recently signed Exploration and Production Sharing Agreement with the National Oil Corporation (NOC) of ...
- Libya signs exploration accord with Sonatrach, Oil IndiaLibya, holder of Africa's largest oil reserves, said it signed a final agreement granting exploration and production rights to Algeria's st...
- Indian Oil-Oil India win 3 onshore oil blocks in LibyaThe Indian Oil-Oil India combine has won three onshore oil blocks in Libya, adding to the two blocks the consortium already had in the nati...
- African oil majors on India visitAfrican oil majors Sonatach, Nigeria National Petroleum (NNPC), Sudapet and Petrosen, are all set for an India safari on an invitation of p...
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